The accounting records for Eisner Manufacturing Company included the following cost information relating to its first...

 

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The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of operations: Direct materials $ 60,000 Direct labor 2$ 80,000 $ 100,000 Fixed manufacturing overhead Variable manufacturing 2$ 20,000 overhead Assume the company produced 10,000 units of inventory and sold 6,000 of these units for $192,000. What amount of finished goods will be reported on the balance sheet at the end of the year under absorption costing? Under variable costing? A. $104,000, $64,000 B. $64,000, C. $130,667, $64,000 D. $64,000, $104,000 $130,667 The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of operations: Direct materials $ 60,000 Direct labor 2$ 80,000 $ 100,000 Fixed manufacturing overhead Variable manufacturing 2$ 20,000 overhead Assume the company produced 10,000 units of inventory and sold 6,000 of these units for $192,000. What amount of finished goods will be reported on the balance sheet at the end of the year under absorption costing? Under variable costing? A. $104,000, $64,000 B. $64,000, C. $130,667, $64,000 D. $64,000, $104,000 $130,667

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